vs
NEWMARK GROUP, INC.（NMRK）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
NEWMARK GROUP, INC.的季度营收约是Royalty Pharma plc的1.4倍（$859.5M vs $622.0M），Royalty Pharma plc净利率更高（34.4% vs 7.9%，领先26.5%），NEWMARK GROUP, INC.同比增速更快（18.1% vs 4.8%），过去两年NEWMARK GROUP, INC.的营收复合增速更高（38.2% vs 4.6%）
纽马克集团是一家总部位于纽约的全球性商业地产咨询及服务企业，旗下业务以Newmark品牌开展，在纳斯达克全球精选市场上市，股票代码为NMRK，为全球客户提供商业地产领域的多元专业服务。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
NMRK vs RPRX — 直观对比
营收规模更大
NMRK
是对方的1.4倍
$622.0M
营收增速更快
NMRK
高出13.4%
4.8%
净利率更高
RPRX
高出26.5%
7.9%
两年增速更快
NMRK
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $859.5M | $622.0M |
| 净利润 | $68.0M | $214.2M |
| 毛利率 | — | — |
| 营业利润率 | 14.4% | 62.4% |
| 净利率 | 7.9% | 34.4% |
| 营收同比 | 18.1% | 4.8% |
| 净利润同比 | 49.7% | 2.9% |
| 每股收益（稀释后） | $0.37 | $0.49 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NMRKRPRX
| Q4 25 | $859.5M | $622.0M | ||
| Q3 25 | $715.0M | $609.3M | ||
| Q2 25 | $639.6M | $578.7M | ||
| Q1 25 | $556.2M | $568.2M | ||
| Q4 24 | $727.5M | $593.6M | ||
| Q3 24 | $568.0M | $564.7M | ||
| Q2 24 | $527.3M | $537.3M | ||
| Q1 24 | $450.2M | $568.0M |
净利润NMRKRPRX
| Q4 25 | $68.0M | $214.2M | ||
| Q3 25 | $46.2M | $288.2M | ||
| Q2 25 | $20.8M | $30.2M | ||
| Q1 25 | $-8.8M | $238.3M | ||
| Q4 24 | $45.4M | $208.2M | ||
| Q3 24 | $17.8M | $544.0M | ||
| Q2 24 | $14.3M | $102.0M | ||
| Q1 24 | $-16.3M | $4.8M |
营业利润率NMRKRPRX
| Q4 25 | 14.4% | 62.4% | ||
| Q3 25 | 11.9% | 70.1% | ||
| Q2 25 | 6.7% | 36.3% | ||
| Q1 25 | -3.1% | 94.0% | ||
| Q4 24 | 14.3% | 60.9% | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 7.7% | 50.2% | ||
| Q1 24 | -5.0% | -13.0% |
净利率NMRKRPRX
| Q4 25 | 7.9% | 34.4% | ||
| Q3 25 | 6.5% | 47.3% | ||
| Q2 25 | 3.3% | 5.2% | ||
| Q1 25 | -1.6% | 41.9% | ||
| Q4 24 | 6.2% | 35.1% | ||
| Q3 24 | 3.1% | 96.3% | ||
| Q2 24 | 2.7% | 19.0% | ||
| Q1 24 | -3.6% | 0.8% |
每股收益（稀释后）NMRKRPRX
| Q4 25 | $0.37 | $0.49 | ||
| Q3 25 | $0.25 | $0.67 | ||
| Q2 25 | $0.11 | $0.07 | ||
| Q1 25 | $-0.05 | $0.55 | ||
| Q4 24 | $0.25 | $0.46 | ||
| Q3 24 | $0.10 | $1.21 | ||
| Q2 24 | $0.08 | $0.23 | ||
| Q1 24 | $-0.09 | $0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $229.1M | $618.7M |
| 总债务越低越好 | $671.7M | $9.0B |
| 股东权益账面价值 | $1.5B | $9.7B |
| 总资产 | $5.0B | $19.6B |
| 负债/权益比越低杠杆越低 | 0.46× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资NMRKRPRX
| Q4 25 | $229.1M | $618.7M | ||
| Q3 25 | $224.1M | $938.9M | ||
| Q2 25 | $195.8M | $631.9M | ||
| Q1 25 | $157.1M | $1.1B | ||
| Q4 24 | $197.7M | $929.0M | ||
| Q3 24 | $178.6M | $950.1M | ||
| Q2 24 | $176.4M | $1.8B | ||
| Q1 24 | $140.9M | $843.0M |
总债务NMRKRPRX
| Q4 25 | $671.7M | $9.0B | ||
| Q3 25 | $746.5M | $8.9B | ||
| Q2 25 | $871.2M | $8.0B | ||
| Q1 25 | $770.9M | $7.6B | ||
| Q4 24 | $670.7M | $7.6B | ||
| Q3 24 | $770.4M | $7.6B | ||
| Q2 24 | $745.2M | $7.6B | ||
| Q1 24 | $670.2M | $6.1B |
股东权益NMRKRPRX
| Q4 25 | $1.5B | $9.7B | ||
| Q3 25 | $1.4B | $9.6B | ||
| Q2 25 | $1.3B | $9.5B | ||
| Q1 25 | $1.3B | $9.8B | ||
| Q4 24 | $1.2B | $10.3B | ||
| Q3 24 | $1.2B | $10.3B | ||
| Q2 24 | $1.2B | $9.8B | ||
| Q1 24 | $1.2B | $9.9B |
总资产NMRKRPRX
| Q4 25 | $5.0B | $19.6B | ||
| Q3 25 | $5.5B | $19.3B | ||
| Q2 25 | $5.4B | $18.3B | ||
| Q1 25 | $4.8B | $17.6B | ||
| Q4 24 | $4.7B | $18.2B | ||
| Q3 24 | $5.0B | $18.0B | ||
| Q2 24 | $4.8B | $17.7B | ||
| Q1 24 | $4.4B | $16.1B |
负债/权益比NMRKRPRX
| Q4 25 | 0.46× | 0.92× | ||
| Q3 25 | 0.55× | 0.93× | ||
| Q2 25 | 0.68× | 0.84× | ||
| Q1 25 | 0.58× | 0.78× | ||
| Q4 24 | 0.56× | 0.74× | ||
| Q3 24 | 0.66× | 0.74× | ||
| Q2 24 | 0.62× | 0.78× | ||
| Q1 24 | 0.54× | 0.62× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $618.5M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $608.8M | — |
| 自由现金流率自由现金流/营收 | 70.8% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 9.10× | 3.86× |
| 过去12个月自由现金流最近4个季度 | $142.6M | — |
8季度趋势，按日历期对齐
经营现金流NMRKRPRX
| Q4 25 | $618.5M | $827.1M | ||
| Q3 25 | $112.6M | $702.6M | ||
| Q2 25 | $-379.7M | $364.0M | ||
| Q1 25 | $-179.4M | $596.1M | ||
| Q4 24 | $402.6M | $742.5M | ||
| Q3 24 | $-85.2M | $703.6M | ||
| Q2 24 | $-258.5M | $658.2M | ||
| Q1 24 | $-68.8M | $664.6M |
自由现金流NMRKRPRX
| Q4 25 | $608.8M | — | ||
| Q3 25 | $104.9M | — | ||
| Q2 25 | $-386.2M | — | ||
| Q1 25 | $-184.8M | — | ||
| Q4 24 | $396.6M | — | ||
| Q3 24 | $-94.4M | — | ||
| Q2 24 | $-267.8M | — | ||
| Q1 24 | $-75.8M | — |
自由现金流率NMRKRPRX
| Q4 25 | 70.8% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | -60.4% | — | ||
| Q1 25 | -33.2% | — | ||
| Q4 24 | 54.5% | — | ||
| Q3 24 | -16.6% | — | ||
| Q2 24 | -50.8% | — | ||
| Q1 24 | -16.8% | — |
资本支出强度NMRKRPRX
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 1.6% | — |
现金转化率NMRKRPRX
| Q4 25 | 9.10× | 3.86× | ||
| Q3 25 | 2.44× | 2.44× | ||
| Q2 25 | -18.24× | 12.06× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | 8.86× | 3.57× | ||
| Q3 24 | -4.79× | 1.29× | ||
| Q2 24 | -18.10× | 6.45× | ||
| Q1 24 | — | 139.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NMRK
| Management Services | $263.1M | 31% |
| Investment Advice | $200.1M | 23% |
| Mortgage Brokerage And Debt Placement | $83.1M | 10% |
| Servicing Fees And Other | $80.7M | 9% |
| GB | $69.0M | 8% |
| Other Geographical Areas | $63.6M | 7% |
| Servicing | $36.2M | 4% |
| Other | $34.2M | 4% |
| Loan Originations Related Fees And Sales Premiums Net | $29.6M | 3% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
